Search found 103 matches

by GuyFromGeorgia
Mon Dec 03, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Individual RSUs: Selling strategy
Replies: 10
Views: 995

Re: Individual RSUs: Selling strategy

Interesting feedback on this thread. I've stated before that I'm not opposed to holding some RSUs, but they cannot get above 10% of my net worth. If I trigger that, I work to sell some off and diversify. That said, the point of selling RSUs should be to diversify, not avoid taxes. Taxes in this case...
by GuyFromGeorgia
Thu Nov 15, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 731

Re: Withhold-to-Cover method for RSU grant

I’m not sure I understand the distinction you are making. As I understand it, the process for computing vested RSU tax amounts and translating to whole shares goes something like this: Say you have 100 RSUs and the vest price is $50.00 per share. That means $5000.00 of taxable income. 6.2% goes to ...
by GuyFromGeorgia
Thu Nov 15, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 731

Re: Withhold-to-Cover method for RSU grant

The company I work for also uses "withhold to cover," but it returns the difference between taxes due and the value of the shares withheld to us as cash in our paycheck. I'd expect your company to do the same; it seems unlikely they could legally just pocket the difference. I would try to clarify i...
by GuyFromGeorgia
Thu Nov 15, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 731

Withhold-to-Cover method for RSU grant

Hi everyone, My company is implementing a change in how RSU grants get handled. Looking for feedback if anyone has experience with this method. Our previous method was a "sell-to-cover" method. Let's say 10 stock units get deposited into my brokerage account and 3 are automatically sold to cover my ...
by GuyFromGeorgia
Tue Nov 06, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a used car
Replies: 31
Views: 1857

Re: Buying a used car

Do yourself a favor and google "2015 Pathfinder issues" and then google "2015 Lexus rx issues". People give Lexus a hard time because they aren't flashy and performance oriented, but in my opinion they are among the most reliable cars on the road. Look 2-5 years old with under 45k miles. CPO is nic...
by GuyFromGeorgia
Tue Nov 06, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Buying a used car
Replies: 31
Views: 1857

Re: Buying a used car

Do yourself a favor and google "2015 Pathfinder issues" and then google "2015 Lexus rx issues". People give Lexus a hard time because they aren't flashy and performance oriented, but in my opinion they are among the most reliable cars on the road. Look 2-5 years old with under 45k miles. CPO is nice...
by GuyFromGeorgia
Fri Nov 02, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Engineering school
Replies: 66
Views: 4897

Re: Engineering school

I agree with the earlier comments on proximity matters. I had to struggle for the first few opportunities I received. My school was barely accredited, but that's OK by me. I took a look at who I was coming out of high school and knew that if I went to a big school in a big city that I might get weed...
by GuyFromGeorgia
Fri Oct 05, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: How to Approach Investing for my Children
Replies: 20
Views: 1552

Re: How to Approach Investing for my Children

I've got 3 kids under 6 so we have a long horizon. I'm doing a combination of 529 and UTMA. The 529s currently have significantly more than the UTMAs, but I anticipate that to change, maybe level off as they are in their teens. The idea of the 529 being restrictive is a good thing. And the fact that...
by GuyFromGeorgia
Tue Oct 02, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Credit Karma worth it
Replies: 16
Views: 1270

Re: Credit Karma worth it

I like Credit Karma. I have 800+ score and couldn't care less about the number itself. I like that it has a little bit of a "light" credit monitoring. For instance, if I open a new credit card, I get an email notification from CK. Same if something closes. That's nice. I login a few times a month an...
by GuyFromGeorgia
Tue Oct 02, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: should i submit geico claim or not
Replies: 10
Views: 527

Re: should i submit geico claim or not

I would pay out of pocket. Premium rates going up for 3-5 years will cost you more than $1600. Also, if you were to be in another accident, you run the risk of having them drop your coverage all together. At that point you'd be forced to get the high-risk plans like from the General and you'd be pay...
by GuyFromGeorgia
Tue Oct 02, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5788

Re: Root of Good's cost of raising a child: $3,300 per year

I'm glad to see other people upset at this article. I started to write something earlier but it got me frustrated and I took a coffee break. My one thing to say here is that I guess the kid isn't on a soccer or baseball team. At $200/yr clothing budget would get blown up having to buy jerseys. Serio...
by GuyFromGeorgia
Fri Sep 28, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: [Are we prioritizing our investments properly?]
Replies: 6
Views: 716

Re: [Are we prioritizing our investments properly?]

Any suggestion on college? We will be pretty stretched with the savings goals outlined for this year. Is it appropriate to throw anything beyond the NYS limit for 529 pre-tax to fill up post-tax 401k for mega ROTH conversion to ROTH IRA? Is it true that IRA contributions can be used to supplement c...
by GuyFromGeorgia
Thu Sep 27, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 96
Views: 25738

Re: Tracking progress to $1M portfolio and no mortgage by 40

Another mid-30 year old tech sales person here. I can definitely say it is a lucrative career, but it has been frustrating at times. The big take away for me, at least at my company, is that the RSUs really start to play a big role in total compensation once you hit the higher pay brackets. My total...
by GuyFromGeorgia
Thu Sep 27, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Testing validity of Monte Carlo Simulators
Replies: 34
Views: 2190

Re: Testing validity of Monte Carlo Simulators

People seem very skeptical of MC simulations. Garbage in, garbage out. Past results mean nothing going forward. Do you really believe that there is no effort on the part of those that create the financial MC at, say Fidelity, are wholly lacking in finesse and integrity that they create an MC model ...
by GuyFromGeorgia
Wed Sep 26, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Testing validity of Monte Carlo Simulators
Replies: 34
Views: 2190

Re: Testing validity of Monte Carlo Simulators

One thing to keep in mind is that Monte Carlo simulations are used to provide confidence bands. You are 95% likely to live out x # of years with a Y% safe withdrawal rate. probability does not equal actuality. In engineering you are taught fairly early that everything has a tolerance and everything ...
by GuyFromGeorgia
Thu Sep 13, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1121

Re: ESOP, Options, Restricted Shares holders: When do you sell?

I do some of both. For me, it is about the percentage of company stock relative to my net worth. I try to keep vested stock <=5% of net worth, though sometimes it gets up to 7-8%. I never let it get above 10%, EVER. The interesting thing is that as I get older, my net worth continues to get signific...
by GuyFromGeorgia
Tue Sep 11, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes+Health Insurance (Recent Marriage, Baby OTW)
Replies: 27
Views: 1602

Re: Taxes+Health Insurance (Recent Marriage, Baby OTW)

Others are better than me when it comes to taxes. I say save as much as you can and I've always done MFJ without any consideration. I don't know how it works having dual insurance. Ultimately, having a baby will put you into an out-of-pocket max situation. Add that to the annual premium and choose t...
by GuyFromGeorgia
Tue Sep 11, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: How often do you guys get alignment done on your cars?
Replies: 60
Views: 4088

Re: How often do you guys get alignment done on your cars?

jehovasfitness wrote:
Tue Sep 11, 2018 3:48 pm
David Jay wrote:
Tue Sep 11, 2018 3:46 pm
Only if I replace a suspension component (tie rod end, etc.) or when I see uneven tire wear.

I do never done it on a scheduled basis.
this.

That or if the car doesn't drive straight
I agree. New tires or you notice a drift. For me, I usually get 20-30k miles out of an alignment.
by GuyFromGeorgia
Thu Sep 06, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3185

Re: How Big of a Mortgage Should We Get?

I like this option a lot. One of my concerns with getting a mortgage was having large fees upfront for something that we might pay off in a few years. It sounds like I could settle for a higher interest rate with lower upfront fees? I was not aware you could do something like this. Absolutely. I've...
by GuyFromGeorgia
Thu Sep 06, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3185

Re: How Big of a Mortgage Should We Get?

I would prioritize maxing out all retirement accounts first. I would then look at other ways to save, such as HSA. I would put 20%-50% down on a 30 year note. If the spread between the 30 year and 15 year is more than 0.5% and I felt comfortable cash-flowing the difference (not needing to sell stock...
by GuyFromGeorgia
Tue Sep 04, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Establishing residency after relocation
Replies: 14
Views: 794

Re: Establishing residency after relocation

The worst thing about temporary corporate housing, if you move all your documents (registration, license, etc) and financial information to that address is that it shows up on your credit report. And for the next 2-4 years, maybe longer, every time you fill out a form they want to know that address....
by GuyFromGeorgia
Fri Jun 08, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3458

Re: Porsche Macan

Check and see if you can find a dealer that is part of the Costco car buying network. The price would be negotiated for you. You pick color, trim/package, etc and then you should hopefully get matched with a dealer.
by GuyFromGeorgia
Tue Apr 03, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a house of 600-700k?
Replies: 56
Views: 5407

Re: Can we afford a house of 600-700k?

I was very much leaning no until I saw your current equity. financing 400-500k is just fine.
by GuyFromGeorgia
Thu Mar 29, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Does my S Corp still make sense? Physician partnership income as K1 to self or keep S corp.
Replies: 6
Views: 883

Re: Does my S Corp still make sense? Physician partnership income as K1 to self or keep S corp.

Curious why you're not doing more employer contribution to 401k in the s-corp option. Should be able to do 25% of earnings up to the max of $53k. I would think you'd be right at $47,500.
by GuyFromGeorgia
Thu Feb 15, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth - How am I doing?
Replies: 14
Views: 3153

Re: Net Worth - How am I doing?

I agree that it is all relative. "How am I doing?" .....in what regard? To being able to retire? start a family? take a year off work to travel? being able to retire early? My question on your break down is: Why do you not have more money in your Roth? That's less than 2 years of contributions.
by GuyFromGeorgia
Fri Feb 09, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Nanny tax for multiple part-time nannies / babysitters
Replies: 8
Views: 777

Re: Nanny tax for multiple part-time nannies / babysitters

The nanny tax threshold is on a per-person basis for household work. I don't remember the number, but it is a couple/few thousand per person. If you have a reasonable expectation that you will be below that threshold for the year then you should ignore it. That said, if you are expecting regularly s...
by GuyFromGeorgia
Thu Jan 25, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Side hussle ideas
Replies: 16
Views: 1998

Re: Side hussle ideas

I picked up a side job a while back at a high-end butcher shop. I found it quite rewarding, learned a ton, and it helped stimulate my cooking hobby. Additionally I was making money instead of spending money.
by GuyFromGeorgia
Fri Jan 05, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: So ambitious w/ money but so risk-averse
Replies: 31
Views: 3480

Re: So ambitious w/ money but so risk-adverse

I'm struggling to find evidence of ambition here. There's lack of follow-through, lack of commitment, lack of faith in your endeavor. I'm not bashing, but I'm with one of the previous posters that said you need to find out what you want in life. Work sucks, the goal is to find something that is tole...
by GuyFromGeorgia
Thu Dec 21, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 15091

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Bonds aren't for bull markets, they are for when the Bear creeps in. Let's say you instead had a 90/10 AA. That 20% differential of your total assets might have been a few thousand, maybe tens of thousands of missed upside. But don't forget that you had 70% of your assets increase over the last few ...
by GuyFromGeorgia
Thu Dec 14, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: cash, market timing, and such: retirement funds
Replies: 14
Views: 1497

Re: cash, market timing, and such: retirement funds

Understand your concern. This is the point of an asset allocation. If you cannot stomach dropping 80k into a 1.3M total portfolio (~6% of net worth) into the same AA then you've got the wrong AA. As you age you need to continue to question if you're in the right percentage. Don't do anything hasty, ...
by GuyFromGeorgia
Thu Dec 14, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: We had a pretty successful 2017
Replies: 15
Views: 2351

Re: We had a pretty successful 2017

Good job. I actually have had similar savings numbers to what you show. The other big thing that I was able to do was add to my emergency fund / cash reserves. Also, I've spent much of the year slowly transitioning from a 80/20 to a 75/25 AA.
by GuyFromGeorgia
Wed Oct 18, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $5K-$10K in NVDA or JNJ
Replies: 5
Views: 869

Re: Invest $5K-$10K in NVDA or JNJ

Neither. Vanguard total stock market index VTSAX. You could pick either NVDA or JNJ and win, or you may lose, but holding a small number of single stocks is a gamble. Bet on the market as a whole and invest with an appropriate asset allocation. That said, if this is fun money / gambling money and is...
by GuyFromGeorgia
Wed Sep 27, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Question: Pay Off Auto Loan Or Distribute To Savings?
Replies: 13
Views: 832

Re: Debt Question: Pay Off Auto Loan Or Distribute To Savings?

If that $10k is your whole emergency fund then I would hang on to it, or at least most of it. Instead of trying to increase your savings each month, maybe contribute the extra toward the car loan. I'd hate to pay off the car and then have to come up with $2000 to fix something.
by GuyFromGeorgia
Thu Sep 21, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 3903

Re: Bitcoin AA - Just out of Curiousity

The upside for stocks is around 5% a year (Vanguard just warned about this) and the downside over those 5 years is probably 50%. The upside to Bitcoin is >1,000% and the downside is 100%. The asymmetry of that math is what this is about. I agree with you on your next 5 years. But look out 15 or 20 ...
by GuyFromGeorgia
Thu Sep 21, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 3903

Re: Bitcoin AA - Just out of Curiousity

I've spent 100+ hours with the Simba backtesting spreadsheet and Portfolio Visualizer. My analysis runs to 1871. (Had to convert years to months and back again to test in PV.) There have been a number of periods where a stock/bond portfolio, real returns after adjusting for inflation, had catastrop...
by GuyFromGeorgia
Thu Sep 21, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 3903

Re: Bitcoin AA - Just out of Curiousity

30sept16 - Curious when you switched to the cash/CD and Bitcoin AA you have. How much of the recent run-up have you missed out on? When the previous person said you'll be worse off with this strategy, they are indicating that you're missing out on potential gains. Sure, the market might tank tomorro...
by GuyFromGeorgia
Tue Sep 12, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 23933

Re: Is it really Worth it to brown bag your lunch at work?

Tried to replicate your math. The ~$1800 savings is for both you and your wife. If it were just you, it would be $880 by your math (220 days x $4). But that's in today's dollars. If you go back 22 years and you only had a $2 savings then it is a lot less. Assuming a 3% inflation in the savings and a...
by GuyFromGeorgia
Mon Jul 31, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: 529 or Mortgage
Replies: 38
Views: 3791

Re: 529 or Mortgage

OP, If you've put $1k in every month for all of the 56 months your kids has been alive, I would think you would have more than the $51k you currently have. What are you investing in to have taken a loss in this bull market? The 529 should be at $80-100k if you've been putting $1k in every month.
by GuyFromGeorgia
Fri Jul 28, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1912

Re: Awarded stock; sell and diversify?

For me, I do keep a small amount of vested RSUs. I like waiting for them to transition to long-term. It is all about how much am I keeping relative to my net worth. You're on pace to get about $25k next year. How much is that relative to everything else? If you have a NW of $50k, that's a big deal....
by GuyFromGeorgia
Fri Jul 28, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1912

Re: Awarded stock; sell and diversify?

For me, I do keep a small amount of vested RSUs. I like waiting for them to transition to long-term. It is all about how much am I keeping relative to my net worth. You're on pace to get about $25k next year. How much is that relative to everything else? If you have a NW of $50k, that's a big deal. ...
by GuyFromGeorgia
Mon Jul 17, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Denver Trip - Last minute
Replies: 26
Views: 2904

Re: Denver Trip - Last minute

If you go to Colorado Springs then I'd highly recommend driving to the top of Pikes Peak. This is #1 for all of my visitors.
by GuyFromGeorgia
Fri Jul 14, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Is $1220/year Auto Insurance for 26y/o cheap?
Replies: 14
Views: 2205

Re: Is $1220/year Auto Insurance for 26y/o cheap?

Shop around. Esurance is who was able to provide me the best rates currently. I wouldn't say your rate is cheap, but it sounds reasonable. That said, I pay that for lots of coverage (500k) and two new-ish cars. The amount of coverage, do you have any claims or tickets, and things like that all play ...
by GuyFromGeorgia
Tue Jul 11, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1702

Re: Critique and Questions re. Mortgage

I would also recommend using the 15 year loan monthly payment in both schedules just so you are comparing apples-to-apples. I agree. You can also change the starting loan amount if, for example, you finance the cost of opening the loan instead of having the no-cost option. You can see what the brea...
by GuyFromGeorgia
Tue Jul 11, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1702

Re: Critique and Questions re. Mortgage

I think 4.5% is on the high side of a no-cost loan. I agree that you should shop around and try and find something a bit lower. As for moving to a 15 year option, the difference is the difference in the interest rate. Say it is 0.75%. Your first month, when you have $190k outstanding, that differenc...
by GuyFromGeorgia
Mon Jul 10, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: Solar panels
Replies: 96
Views: 10260

Re: Solar panels

I did the math a couple years ago and came up with a 8-10 year breakeven point. That was assuming that I would pay cash and isn't taking into consideration opportunity costs (what the money could be doing in the stock market, etc). I would have pulled the trigger if it were 5-6 years. I cannot guara...
by GuyFromGeorgia
Mon Jul 10, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: How to save for and finance house move up
Replies: 64
Views: 4540

Re: How to save for and finance house move up

I did this not long ago. I took a 401k loan and put 10% down to secure being able to buy the house I wanted. I refinanced 3-6 months later into a 80% LTV traditional mortgage after the old house sold and I got my equity back. I paid off the 401k loan aggressively over 6-12 months. It is a little mor...
by GuyFromGeorgia
Mon Jul 10, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 7528

Re: 100k milestone

For those saying you hit 100k and then 10 years later you are at 500-900k? I am only investing an additional $500-600 a month. I am only working with about 30k income before taxes. I can live off of it and am content. How are you able to build your wealth that fast? Where do you have it invested? I...
by GuyFromGeorgia
Mon Jul 10, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 7528

Re: 100k milestone

I was 31. 5 years later and I'm approaching 900k. Savings will only take you so far. Focus on generating the best income to match your work-life balance.
by GuyFromGeorgia
Fri Jul 07, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vehicle cash or finance?
Replies: 58
Views: 5414

Re: Buy a vehicle cash or finance?

I agree with one of the previous posters in that the new car won't be much bigger than what you have now, also likely not much more safe. I recommend keeping the cars you have for your first kid and see how you feel once you have a second kid. I've got 3 kids and wish I could have stayed put as we w...
by GuyFromGeorgia
Tue Jun 20, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: is luxury car a smarter purchase?
Replies: 102
Views: 11154

Re: is luxury car a smarter purchase?

The feel of a Lexus and the feel of a BMW/Audi/Merc/Porsche are apples and oranges. To me, a Lexus feels like an overpriced Toyota, which is basically what it is. I wouldn't be caught dead in a Lexus personally... People are very opinionated about Lexus. I agree with your first statement about the ...